Act4win: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Act4win
Largest movements
- Current investments -€55,000
down €55,000 (-16.9%), from €325,000 to €270,000
- Cash +€37,293
up €37,293 (+233.2%), from €15,993 to €53,286
mainly Current investments (+€55,000) and Net result for the year (+€15,403)
- Deferred charges and accrued income +€3,623
up €3,623 (+484.4%), from €748 to €4,371
- Tax, wage and social debts -€21,254
down €21,254 (-67.4%), from €31,553 to €10,299
of which Taxes: -€27,254
- Other debts -€15,492
down €15,492 (-91.3%), from €16,975 to €1,483
- Profit (loss) carried forward +€15,403
up €15,403 (+2425.7%), from €635 to €16,038
- Accrued charges and deferred income +€4,949
up €4,949 (+494.9%), from €1,000 to €5,949
- Gross operating margin -€107,900
down €107,900 (-85.3%), from €126,553 to €18,653
- Taxes -€27,103
down €27,103 (-82.4%), from €32,876 to €5,773
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €350,169 | €337,047 | -€13,122 | -3.7% |
| Fixed assets | 21/28 | €4,624 | €2,441 | -€2,183 | -47.2% |
| Intangible fixed assets | 21 | €1,876 | €896 | -€980 | -52.2% |
| Tangible fixed assets | 22/27 | €2,748 | €1,545 | -€1,203 | -43.8% |
| Furniture and vehicles | 24 | €2,748 | €1,545 | -€1,203 | -43.8% |
| Current assets | 29/58 | €345,545 | €334,606 | -€10,939 | -3.2% |
| Amounts receivable within one year | 40/41 | €3,804 | €6,949 | +€3,145 | +82.7% |
| Trade receivables | 40 | €3,630 | €6,840 | +€3,210 | +88.4% |
| Other amounts receivable | 41 | €174 | €109 | -€65 | -37.4% |
| Current investments | 50/53 | €325,000 | €270,000 | -€55,000 | -16.9% |
| Cash at bank and in hand | 54/58 | €15,993 | €53,286 | +€37,293 | +233.2% |
| Deferred charges and accrued income | 490/1 | €748 | €4,371 | +€3,623 | +484.4% |
| Total equity and liabilities | 10/49 | €350,169 | €337,047 | -€13,122 | -3.7% |
| Equity | 10/15 | €299,635 | €315,038 | +€15,403 | +5.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €296,500 | €296,500 | = | 0.0% |
| Distributable reserves | 133 | €296,500 | €296,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €635 | €16,038 | +€15,403 | +2425.7% |
| Amounts payable | 17/49 | €50,534 | €22,009 | -€28,525 | -56.4% |
| Amounts payable within one year | 42/48 | €49,534 | €16,060 | -€33,474 | -67.6% |
| Trade debts | 44 | €1,006 | €4,278 | +€3,272 | +325.2% |
| Suppliers | 440/4 | €1,006 | €4,278 | +€3,272 | +325.2% |
| Taxes, remuneration and social security | 45 | €31,553 | €10,299 | -€21,254 | -67.4% |
| Taxes | 450/3 | €31,553 | €4,299 | -€27,254 | -86.4% |
| Remuneration and social security | 454/9 | - | €6,000 | +€6,000 | |
| Other amounts payable | 47/48 | €16,975 | €1,483 | -€15,492 | -91.3% |
| Accrued charges and deferred income | 492/3 | €1,000 | €5,949 | +€4,949 | +494.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,183 | €2,183 | = | 0.0% |
| Other operating charges | 640/8 | €2 | - | -€2 | |
| Gross operating margin | 9900 | €126,553 | €18,653 | -€107,900 | -85.3% |
| Operating profit (loss) | 9901 | €124,368 | €16,470 | -€107,898 | -86.8% |
| Financial income | 75/76B | €4,411 | €4,915 | +€504 | +11.4% |
| Recurring financial income | 75 | €4,411 | €4,915 | +€504 | +11.4% |
| Financial charges | 65/66B | €129 | €209 | +€80 | +62.0% |
| Recurring financial charges | 65 | €129 | €209 | +€80 | +62.0% |
| Profit (loss) for the period before taxes | 9903 | €128,650 | €21,176 | -€107,474 | -83.5% |
| Income taxes | 67/77 | €32,876 | €5,773 | -€27,103 | -82.4% |
| Profit (loss) for the period | 9904 | €95,774 | €15,403 | -€80,371 | -83.9% |
| Profit (loss) for the period to be appropriated | 9905 | €95,774 | €15,403 | -€80,371 | -83.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.